Bohra Industries Limited — Others, 11-03-2025: Shareholders meeting

Bohra Industries Limited has announced a board meeting on April 2, 2025, to discuss significant corporate actions including an increase in authorized share capital from ₹20 crore to ₹30 crore through the issuance of 3 crore equity shares. Additionally, the company plans to raise ₹22 crore by issuing 68,75,000 equity shares at ₹32 each to a non-promoter investor, transforming the investor into a promoter post-issue. The board will also seek approval for the issuance of up to 58,26,565 convertible warrants for ₹18.65 crore, with potential implications for a change in management and control. Investors may view this as an opportunity for growth, albeit with associated risks of dilution and governance shifts.